{"id":2937,"date":"2025-06-15T14:07:59","date_gmt":"2025-06-15T14:07:59","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hype-price-eyes-50-as-hyperliquid-crosses-2b-milestone\/"},"modified":"2025-06-15T14:08:00","modified_gmt":"2025-06-15T14:08:00","slug":"hype-price-eyes-50-as-hyperliquid-crosses-2b-milestone","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hype-price-eyes-50-as-hyperliquid-crosses-2b-milestone\/","title":{"rendered":"HYPE price eyes $50 as Hyperliquid crosses $2b milestone"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hyperliquid jumped by 330% from its lowest level in April and could be on the verge of more gains after crossing a key $2 billion milestone.<\/p>\n<p>Hyperliquid\u2019s (HYPE) price was trading at $40.4 on Sunday, June 15, a few points below the all-time high of $43.96. Its market capitalization has moved to $13 billion, while its fully diluted valuation rose to $40.75 billion.<\/p>\n<p>DeFi Llama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/hyperliquid-l1?tvl=true&amp;stables=true\" target=\"_blank\">data shows<\/a> that the total value locked of Hyperliquid\u2019s layer-1 chain has jumped to $2.01 billion after soaring by 70% in the last 30 days. This growth makes it the 11th biggest chain in the crypto industry, passing popular networks like Cardano, Hedera Hashgraph, and Near Protocol.\u00a0<\/p>\n<p>The biggest players in Hyperliquid\u2019s layer-1 network are Hyperliquid itself, Hyperlend, Felix, Morpho, and Hyperbeat.\u00a0<\/p>\n<p>Further data shows that Hyperliquid has become one of the biggest players in the stablecoin industry. It has $3.7 billion of stablecoins in its layer-1 network, a big increase from $2 billion in January this year.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>An increase in stablecoin volume is a sign that the network is highly active. Most importantly, Hyperliquid is the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\/chains\" target=\"_blank\">sixth biggest<\/a> player in the stablecoin industry after Ethereum, Tron, Solana, BNB Chain, and Base.\u00a0<\/p>\n<p>Meanwhile, Hyperliquid\u2019s perpetual exchange has continued to gain share in its industry. It handled over $4.43 billion worth of transactions in the last 24 hours, much higher than the other top-ten platforms combined. Its monthly volume jumped to $242 billion.\u00a0<\/p>\n<p>More data shows that investors are staking their HYPE tokens, as the staking market cap has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.stakingrewards.com\/assets\/proof-of-stake?sort=staking_marketcap&amp;timeframe=7d&amp;order=desc&amp;byChange=false&amp;columns=reward_rate%2Cprice%2Cstaking_marketcap%2Cstaking_ratio%2Creputation%2Cnet_staking_flow_7d\" target=\"_blank\">jumped<\/a> by 16% in the last seven days to $17.1 billion.<\/p>\n<h2 class=\"wp-block-heading\">HYPE price technical analysis<\/h2>\n<figure class=\"wp-block-image size-large\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14388815\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Hyperliquid price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The eight-hour chart shows the HYPE price has been in a strong uptrend in the past few months, moving from a low of $9.29 in April to $40 today. It has moved above the ascending trendline that connects the lowest points since May 12.\u00a0<\/p>\n<p>Hyperliquid token is above the 50-period and 100-period moving averages and the key support at $39.94, the highest point in May. Therefore, the token will likely continue rising as bulls target an all-time high of $43.95. A move above that level will point to more gains, potentially to the psychological point of $50.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid jumped by 330% from its lowest level in April and could be on the verge of more gains after crossing a key $2 billion milestone. Hyperliquid\u2019s (HYPE) price was&hellip;<\/p>\n","protected":false},"author":1,"featured_media":871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2937"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2937\/revisions"}],"predecessor-version":[{"id":2938,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2937\/revisions\/2938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/871"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}